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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder. The Mastercard’s pilot biometric technology , on the other hand, if widely adopted, would require more intensive widespread hardware and software updates.

Industry 471
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TRENDING: How Credit Unions Give Digital The Personal Touch

PYMNTS

Advanced technology is increasingly raising the stakes of how CUs should operate, with members coming to expect the instant payments and slick mobile interfaces that large banks and FinTechs have made standard. Deep Dive: How CUs Leverage Social Media.

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Bitcoin Daily: Ping An’s FinTech Arm Teams Up To Launch Blockchain Solution; CFTC Calls For Default Ruling For Alleged Ponzi Scheme Founder

PYMNTS

OneConnect Financial Technology and China Merchants Port Group ( CMPort ) will work to create a blockchain-based system with Shenzhen customs to serve the Guangdong-Hong Kong-Macao Greater Bay Area. It was backed by SoftBank in a Series A round for $7.5 billion in 2018, and went public on the New York Stock Exchange last year.

Bitcoin 144
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Prevent pig butchering scams: Safeguarding against investment fraud

Abrigo

Pig butchering scams originated in Southeast Asia and have escalated significantly in the United States. A scam usually begins with online contact via social media or dating apps. Massive financial losses can destabilize their operations, impact profitability, and harm their reputation.

Fraud 195
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Klout Gets Clouted In A World That Kept Score But Moved On

PYMNTS

Or soon, it seems, operations. The app, which calculates scores based on their influence within social media circles, will close next week on May 25. Lithium Technologies, which is the company that bought Klout four years ago for roughly $200 million, has decided to shut down that site. Which has none – clout, that is.

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How Adventure Commerce Is Finding New Adrenaline Through Social

PYMNTS

Tour operators who offer a wildlife adventure or a skydiving experience may face a common challenge: How can they market their activities to the right travelers? To reach those customers, some businesses are turning to social media networks designed around travel offer deals and reservations. The Market for Activities.

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Vans Skates Into LA With Community-Driven Concept

PYMNTS

It operates dozens of b8ta stores across the United States, and its platform is open to other retailers and independent product designers. It will serve as a social marketplace, and brand partners will design their own spaces and operate their own marketing.